Question 40 of 53 View Policies Current Attempt in Progress Ayayai Computer had the following transactions during the month of May. 1. 2 3. 4. 5. 6. 7. 8. 9. 10. Purchased equipment on account for $8,100. Paid $1,600 for rent for the month of May. Performed computer services for $3,500 on account. Paid Buffalo Hydro $500 cash for utilities used in May. Borrowed $21,000 from the bank. Paid supplier for equipment purchased in transaction (1). Purchased a one-year insurance policy for $600 cash. Received $3,100 cash in partial payment of the account owed in transaction (3). Declared and paid $530 of dividends to stockholders. Paid incomes taxes of $240 for the month. -/10 !!!

uldes are automatlonly indented when anount is entered. Do not indent manualy. Record journal entries in the order presientred in the problen Lst af debit entriles before credit entries) Ayayai Computer had the following transactions during the month of May. 1. Purchased equipment on account for $8,100. 2. Paid \$1,600 for rent for the month of May. 3. Performed computer services for $3,500 on account. 4. Paid Buffalo Hydro $500 cash for utilities used in May. 5. Borrowed $21,000 from the bank 6. Paid supplier for equipment purchased in transaction (1). 7. Purchased a one-year insurance policy for $600 cash. 8. Received $3,100 cash in partial payment of the account owed in transaction (3). 9. Declared and paid $530 of dividends to stockholders. 10. Paid incomes taxes of $240 for the month Question 40 of 53 6. 7. 8. 9. 10 eTextbook and Media List of Accounts